Number Name Normal Balance 1110 Cash Debit 1120 Accounts Receivable Debit 1130 Prepaid Insurance Debit 1140 Prepaid Rent Debit 1150 Office Supplies Debit 1211 Office Equip Debit 1212 Accum Depr Office Equip Credit 1311 Computer Equip Debit 1312 Accum Depr Computer Equip Credit 1411 Building Cost Debit 1412 Accum Depr Building Credit 1510 Land Debit 2101 Accounts Payable Credit 2102 Advanced Payments Credit 2103 Interest Payable Credit 2105 Salaries Payable Credit 2106 Income Taxes Payable Credit 2201 Mortgage Payable Credit 2202 Notes Payable Credit 3100 Capital Stock Credit 3200 Retained Earnings Credit 3300 Dividends Debit 3400 Income Summary Credit 4100 Computer Consulting Revenue Credit 5010 Rent Expense Debit 5020 Salary Expense Debit 5030 Advertising Expense Debit 5040 Repairs Maint Expense Debit 5050 Oil Gas Expense Debit 5080 Supplies Expense Debit 5090 Interest Expense Debit 5100 Insurance Expense Debit 5110 Depreciation Expense Debit 5120 Income Tax Expense Debit 05 June 4 Additional office equipment costing $400 was purchased on credit from Discount Computer Corporation 06 June 8 Unsatisfactory office equipment costing $80 was returned to Discount Computer for credit to be applied against the outstanding balance owed by Byte 07 June 10 Byte paid $25,250 on the balance it owed on the June 2 purchase of computer equipment 08 June 14 A one year insurance policy covering its computer equipment was purchased by Byte for $5,640 in cash The effective date of the policy was June 16 09 June 16 Computer consultation revenue of $7,000 was received 10 June 16 Byte purchased a building and the land it is on for $149,000, to house its repair facilities and to store computer equipment The lot on which the building is located is valued at $24,000 The balance of the cost is to be allocated to the building Byte made a cash down payment of $14,900 and executed a mortgage for the balance The mortgage is payable in eight equal annual installments beginning July 1 11 June 17 Cash of $6,400 was paid for rent for June, July, August and September Put the total amount into the Prepaid Rent account 12 June 17 Received a bill of $375 from the local newspaper for advertising 13 June 21 Billed various miscellaneous local customers $4,300 for consulting services performed 14 June 21 A fax machine for the office was purchased for $850 cash

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Number	Name	Normal Balance
1110	Cash	Debit
1120	Accounts Receivable	Debit
1130	Prepaid Insurance	Debit
1140	Prepaid Rent	Debit
1150	Office Supplies	Debit
1211	Office Equip.	Debit
1212	Accum. Depr.-Office Equip.	Credit
1311	Computer Equip.	Debit
1312	Accum. Depr.-Computer Equip.	Credit
1411	Building Cost	Debit
1412	Accum. Depr.-Building	Credit
1510	Land	Debit
2101	Accounts Payable	Credit
2102	Advanced Payments	Credit
2103	Interest Payable	Credit
2105	Salaries Payable	Credit
2106	Income Taxes Payable	Credit
2201	Mortgage Payable	Credit
2202	Notes Payable	Credit
3100	Capital Stock	Credit
3200	Retained Earnings	Credit
3300	Dividends	Debit
3400	Income Summary	Credit
4100	Computer & Consulting Revenue	Credit
5010	Rent Expense	Debit
5020	Salary Expense	Debit
5030	Advertising Expense	Debit
5040	Repairs & Maint. Expense	Debit
5050	Oil & Gas Expense	Debit
5080	Supplies Expense	Debit
5090	Interest Expense	Debit
5100	Insurance Expense	Debit
5110	Depreciation Expense	Debit
5120	Income Tax Expense	Debit

05.	June 4: Additional office equipment costing $400 was purchased on credit from Discount Computer Corporation.

06.	June 8: Unsatisfactory office equipment costing $80 was returned to Discount Computer for credit to be applied against the outstanding balance owed by Byte.

07.	June 10: Byte paid $25,250 on the balance it owed on the June 2 purchase of computer equipment.

08.	June 14: A one-year insurance policy covering its computer equipment was purchased by Byte for $5,640 in cash. The effective date of the policy was June 16.

09.	June 16: Computer consultation revenue of $7,000 was received.

10.	June 16: Byte purchased a building and the land it is on for $149,000, to house its repair facilities and to store computer equipment. The lot on which the building is located is valued at $24,000. The balance of the cost is to be allocated to the building. Byte made a cash down payment of $14,900 and executed a mortgage for the balance. The mortgage is payable in eight equal annual installments beginning July 1.

11.	June 17: Cash of $6,400 was paid for rent for June, July, August and September. Put the total amount into the Prepaid Rent account.

12.	June 17: Received a bill of $375 from the local newspaper for advertising.

13.	June 21: Billed various miscellaneous local customers $4,300 for consulting services performed.

14.	June 21: A fax machine for the office was purchased for $850 cash.